Australia's largest stock trading and investment forum Australia's #1 stock forum

QAN

Click for more information

0.48%

$8.35 qantas airways limited

Anyone Calling Sub $2 for QANTAS ?, page-1280

First 1280 Last

Share
Profile

Follow
TheChaser

213 Posts.

24

15/07/20

13:21

Post #: 45881472
Share

Originally posted by Hopeful9: ↑

QAN isn't really reliant on international for its earnings, as in recent times more than 80 per cent of its profits have come from its domestic flights.

However - and it's a big 'but' - the costs of having large international aircraft sitting in the USA desert or elsewhere not carrying any passengers or freight (the 12 almost worthless Airbus A380s, and the Boeing B789s) are high.

On top of that an even greater percentage of the domestic fleet of Boeing B738s are sitting 'parked' as the almost complete suspension of flights between Sydney and Melbourne has been another twist from last week that's really bad financially for Qantas.

And still to come are redundancy costs (IIRC these have been budgeted for).

The NSW Premier is not mincing words and "may" introduce a lockdown for Sydney similar to what's occurring in Melbourne and the Shire of Mitchell to Melbourne's north. (Don't misinterpret me - the Sydney situation officially has yet to change and at present NSW residents can travel freely within their own state).

The pilots' voluntary redundancy scheme means there's uncertainty over who will hang up their coats and at what individual cost to the airline.

Expand

QF not reliant on International traffic??? Are you sure about that?

QAN Price at posting: $3.58 Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

CHR

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SPR

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

RNX

Renegade hits best pXRF copper reads yet at Mongoose, part of QLD Cloncurry project

There are more pages in this discussion • 56 more messages in this thread...

First 1280 Last

Add QAN (ASX) to my watchlist

(20min delay)
Last $8.35		Change 0.040(0.48%)		Mkt cap ! $13.08B

Open	High	Low	Value	Volume
$8.36	$8.40	$8.34	$6.256M	747.6K

Buyers (Bids)

No.	Vol.	Price($)
15	14275	$8.34

Sellers (Offers)

Price($)	Vol.	No.
$8.35	9210	7

View Market Depth

No.	Vol.	Price($)
31	29190	8.360
15	26253	8.350
13	24204	8.340
8	17842	8.330
8	20790	8.320

Price($)	Vol.	No.
8.370	4158	5
8.380	13605	16
8.390	33528	13
8.400	47966	29
8.410	33351	9

Last trade - 10.53am 07/11/2024 (20 minute delay)

QAN (ASX) Chart